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    Cummings Rd Newstead, NY 14001

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    For Sale
    $79,000

    Acreage in Newstead suitable for residential development or single-family home.

    Property Features for Cummings Rd

    General Information

    Zoning
    Rec Vacant Land
    Source: Recckio

    Listing Agent: Rick Recckio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newstead Acreage for Residential Development

    This 1+/- acre lot, situated in the Village of Newstead, is suitable for constructing a new home. The property may also present a development opportunity. The lot is located in a picturesque village and offers a country living environment.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Newstead
    County
    Erie
    State
    New York
    Longitude
    -78.516796
    Latitude
    42.998406

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    FAQs

    What type of property is this?
    Land - Acreage in Newstead suitable for residential development or single-family home.
    Where is this land located?
    The property is located at Cummings Rd Newstead, NY.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: - 1+/- Acre Lot; - Possible Development Site; - Great Location
    (716) 631-5555
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    Cummings Rd Newstead, NY 14001
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    Cummings Rd
    Newstead, NY 14001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Cummings Rd Newstead, NY 14001
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